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GVC optimistic following positive start to 2011

28th March 2011 8:27 am GMT

Shares in GVC Holdings plc gained nearly 7 per cent in London this morning after the company said that it remained cautiously optimistic for the forthcoming financial year as it posted record average daily net gaming revenues of €172,000 during the first quarter of 2011.

In its preliminary results for the year ended December 31st 2010, GVC reported a 74 per cent drop in net profit to €3.4m, following a series of marketing initiatives, costs associated [...]

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